E14- Supercharging Texas Project Returns: The PID/TIRZ Part 1

Land to Lots · Dec 15, 2022 · 22m

In this two part series, Carter and Tim Green of Coats Rose, explore the financing power of adding a Tax Increment Reinvestment Zone (TIRZ) to a public improvement district (PID) and what this combination can do to enhance a project's overall capital structure and returns.

Here's a glimpse of what you'll discover in this two part episode:

• What's a PID and a TIRZ?

• How can the PID and TIRZ function together?

• What impact does the TIRZ have the project's equivalent property tax rate?

• How does a TIRZ increase the bonding capacity of a PID?

• What can be funded by the PID/TIRZ?

• Why would…